Coinbase Keeps India Rupee Withdrawals Unavailable

By Nathan Brooks

Coinbase still listed Indian rupee (INR) withdrawals as unavailable in India on Nov. 14, five days after opening an incident notice for an outage at an unnamed banking partner. The exchange has not supplied a restoration estimate.

The status page’s continued listing showed that Coinbase had not marked the issue resolved by Nov. 14. Its latest substantive update remained dated Nov. 9, leaving an open incident without a newer account of progress, the partner’s identity or a timetable for service restoration.

The exchange’s timeline contains three dated checkpoints:

• 6:07 a.m. ET on Nov. 9 (11:07 UTC): Coinbase first posted the incident.
• 10:49 p.m. ET on Nov. 9 (03:49 UTC on Nov. 10): Coinbase warned that withdrawals could fail or remain pending and advised customers not to start new requests.
• Nov. 14: The exchange still listed INR withdrawals as unavailable in India.

The two Nov. 9 notices came 16 hours and 42 minutes apart. In the later update, Coinbase said INR deposits, UPI and bank-account linking were working normally. That status applied at the time of the update; it did not establish that those functions remained normal through Nov. 14.

The warning defined the immediate customer action: avoid initiating another withdrawal request while the payout channel was impaired. Coinbase did not identify whether the outage affected the IMPS connection specifically or another component of the withdrawal process. It also did not name the bank or disclose an estimated restoration date.

Coinbase announced direct INR deposits and withdrawals through India’s Immediate Payment Service (IMPS) on May 31, 2026. The announcement established the exchange’s stated capability for direct rupee transactions, but the incident shows why a launch announcement does not guarantee uninterrupted access to every customer route. Coinbase attributed the disruption to its banking partner, not to a stated failure of IMPS.

The exchange told customers: “Your funds are safe.” That assurance did not supply a restoration timetable or resolve the practical problem facing users seeking to move rupees off the platform. The Nov. 14 listing therefore remained the latest public indication of the withdrawal function’s status.

What does this change for customers using rupees?

The practical change is that customers cannot rely on INR withdrawals as an active cash-out channel while Coinbase lists the function as unavailable. A request may fail or remain pending, and Coinbase has asked customers not to start new ones.

Working deposits, UPI and bank-account linking are not equivalent to a functioning cash-out route. For a customer who needs access to fiat rather than a rupee-denominated balance, the missing capability is the ability to complete the withdrawal. The Nov. 14 status says that capability remained unavailable.

Coinbase’s public explanation locates the disruption at the banking-partner layer. Restoring the overall service therefore requires the partner-side function to recover and Coinbase to change its status. Without the bank’s name, customers cannot assess whether the problem is confined to one payment route or extends across the withdrawal stack.

The next checkpoint is a new Coinbase incident update identifying restored service or a resumption date. Until then, customers should treat INR withdrawals as unavailable and follow Coinbase’s Nov. 9 instruction not to initiate new withdrawal requests.